Solana Targets $180 as Analysts Eye Key Resistance Break

Solana (SOL) has shown notable bullish momentum this week, climbing from $130 to $133 before settling at $128—still marking a 9% weekly gain. Analysts suggest a decisive weekly close above $120 could pave the way for a rally toward $180, fueled by broader market recovery trends. Despite recent volatility, SOL’s monthly performance remains positive, up 3.35%, reflecting growing investor confidence in the asset’s potential.

Solana Eyes $180 If Weekly Candle Closes Above $120

Solana (SOL) ROSE from $130 to $133 before pulling back to $128, still up 9% over the past seven days. Analysts forecast a potential rally towards $180 if SOL closes above the weekly resistance level of $120. The cryptocurrency began trading at $130 on April 13 and advanced past $133, supported by a broader market recovery. Despite the pullback, SOL has recorded a nearly 9% gain over the past seven days and a 3.35% increase over the past month, indicating underlying bullish sentiment. Open Interest rose 8.13% with $14M in short liquidations, further signaling a bullish market sentiment.

Top Cryptocurrencies With RWA Benefits - SUI, Solana Highlighted

In the world of cryptocurrency, real-world application (RWA) is becoming crucial for investors. Sui (SUI), Solana (SOL), and Coldware (COLD) are leading the way, offering unique solutions for real-world problems while also providing high return opportunities. Coldware (COLD) is an innovative DeFi project that bridges traditional finance with blockchain technology, poised to impact industries beyond crypto.

Solana Makes a Big Push in Washington

Solana, often referred to as the Ethereum killer, has set its sights on conquering the halls of Congress. Despite decentralized finance (DeFi) still facing stigma due to its association with money laundering and hacking, Solana’s policy arm, the Solana Policy Institute, aims to represent the pseudonymous coders and founders building on Solana and other blockchains within the sprawling DeFi sector. Founded in March, the institute represents the second-largest layer-1 network by total-value locked.

Solana Skyrockets 40%, Breaking Past the $125 Milestone

The Solana crypto has seen a significant rebound, surpassing the critical threshold of $125 after a 47% drop since the beginning of March. This technical breakout caught investors’ attention, potentially marking a major turning point in the recent bearish trend. The recovery occurs amidst stabilization and a general surge in the crypto market, notably in Bitcoin stocks, boosted by a 90-day pause on American customs tariffs (excluding China, which faces a 145% tax). Since last Monday, Solana has shown an impressive gain of 40%, with a low point observed around $95.